BTC forming descending triangle thats a bearish formation, breakdown of this triangle could lead the price of bitcoin at least till 64000$ - 65000$, this down trend and this triangle clearly indicating the price are falling and will go more down. the green price box is indicating higher buying zone from where we can see a pull back to 68000$ again.US elections matter alot and it will bring huge impact on crypto market, I jjust provide my review about the current direction of bitcoin...
My trades plans are still on short, Im ignoring alts coins and just trading in btc thats giving huge profit with less risk, I might re enter in bitcoin short from 68200$
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.